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Migsun realty to build ₹700 cr warehousing facility in Noida

Migsun realty to build ₹700 cr warehousing facility in Noida

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Migsun realty to build ₹700 cr warehousing facility in Noida

Migsun Group, a prominent real estate developer in India, has announced plans to invest approximately ₹700 crore in developing a comprehensive warehousing facility in Greater Noida, Uttar Pradesh. This ambitious project aims to establish a 4 million square feet Special Economic Zone (SEZ) encompassing six towers, which will house a data center, IT office spaces, and extensive warehousing

Strategic Location and Project Details

The proposed facility is strategically situated with roads on three sides, enhancing accessibility and connectivity. This prime location is expected to attract a diverse range of businesses seeking efficient logistics and data management solutions. The project is meticulously planned to include:

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  • 1 million square feet dedicated to warehousing.
  • 1.6 million square feet allocated for a state-of-the-art data center.
  • 1.8 million square feet designated for IT office spaces across the six towers.

This mixed-use development is designed to cater to the growing demand for integrated logistics and IT infrastructure in the region

Development and Investment Plans

Migsun Group has acquired the stakes of Ansal and HDFC in the project, consolidating its position as the sole developer. The company has completed the master planning phase and is poised to commence construction. The investment of ₹700 crore underscores Migsun’s commitment to enhancing the industrial and technological landscape of Greater Noida.

Migsun Group’s investment in the ₹700 crore warehousing facility in Greater Noida represents a strategic move to meet the escalating demand for integrated logistics and IT infrastructure in the region. The project’s scale and strategic location are poised to make it a pivotal hub for businesses seeking efficient warehousing and data management solutions. As Migsun Group continues to expand its portfolio and contribute to the region’s development, this project stands as a testament to its commitment to excellence and innovation in real estate development.

Company’s Track Record and Future Prospects

With over three decades of experience, Migsun Group has successfully completed more than 40 projects, encompassing 20 million square feet across various regions of Delhi-NCR. Currently, the company is executing 16 projects, both residential and commercial, in different parts of the National Capital Region. This extensive experience positions Migsun to effectively manage and deliver large-scale developments like the proposed warehousing facility.

The development of this warehousing facility is expected to significantly boost the local economy by creating numerous employment opportunities and attracting businesses to the area. It aligns with the government’s initiatives to promote industrial growth and infrastructure development in Uttar Pradesh.

Migsun Group’s investment in the ₹700 crore warehousing facility in Greater Noida represents a strategic move to meet the escalating demand for integrated logistics and IT infrastructure in the region. The project’s scale and strategic location are poised to make it a pivotal hub for businesses seeking efficient warehousing and data management solutions. As Migsun Group continues to expand its portfolio and contribute to the region’s development, this project stands as a testament to its commitment to excellence and innovation in real estate development.

With over three decades of experience, Migsun Group has successfully completed more than 40 projects, encompassing 20 million square feet across various regions of Delhi-NCR. Currently, the company is executing 16 projects,

This mixed-use development is designed to cater to the growing demand for integrated logistics and IT infrastructure in the region The proposed facility is strategically situated with roads on three sides, enhancing accessibility and connectivity. This prime location is expected to attract a diverse range of businesses seeking efficient logistics and data management solutions. The project is meticulously planned to include:

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